Edward Jones started coverage on shares of Expeditors International (NASDAQ: EXPD) in a research report released on Friday morning. The firm issued a buy rating on the stock.
Shares of Expeditors International traded down 1.04% during mid-day trading on Friday, hitting $38.24. Expeditors International has a 52 week low of $34.20 and a 52 week high of $47.48. The stock’s 50-day moving average is currently $41.47. The company has a market cap of $7.896 billion and a P/E ratio of 24.61.
A number of other analysts have also recently weighed in on EXPD. Analysts at RBC Capital reiterated a sector perform rating on shares of Expeditors International in a research note to investors on Thursday, March 7th. They now have a $39.00 price target on the stock. Separately, analysts at Macquarie initiated coverage on shares of Expeditors International in a research note to investors on Friday, March 1st. They set a neutral rating and a $38.25 price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Expeditors International from $47.00 to $44.00 in a research note to investors on Wednesday, February 27th. They now have a buy rating on the stock.
Ten analysts have rated the stock with a buy rating, one has assigned an overweight rating, eleven have assigned a hold rating, and one has assigned a sell rating to the company. The stock has a consensus rating of overweight and a consensus target price of $42.55.
Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services.
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